# Laborers' Local #754

Laborers' Local #754 is a Pension Fund based in Chestnut Ridge, United States.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Chestnut Ridge, United States
- **Region:** North America
- **Address:** Chestnut Ridge, NY, United States
- **Assets under management:** Approximately $63 million (Altss estimate)
- **Website:** local754.com

## Regulatory record

- **Reports private funds:** No

## About

Laborers' Local #754 operates its pension fund from Chestnut Ridge for members of the construction and general labor union based in Rockland County, New York. The plan's capital originates from collectively bargained employer contributions and member hours, a structure typical of Taft-Hartley multiemployer pensions governed jointly by union and contractor trustees. Precise founding and board composition are matters of public record but not surfaced online. The fund's investment strategy skews notably toward private equity secondary transactions. While many comparable Taft-Hartley plans maintain a broad mix of domestic equities, fixed income, and real estate, Local #754's record reflects a concentrated commitment to purchasing existing partnership stakes on the secondary market. This approach can provide earlier liquidity and a shorter duration compared to primary fund commitments, a rationale consistent with a plan of its asset base. Manager selection and any direct co-investment activity are not publicly detailed. The estimated $63 million in plan assets situates it as a smaller institutional investor within the New York metro construction trades. No adjacent philanthropic vehicles, real-asset arms, or separate union-affiliated funds have been identified. The plan is administered through a board of trustees, though individual investment consultants or outside fiduciary managers handling the secondary program have not been named in accessible disclosures. Structurally, Local #754's secondary-heavy mandate is a departure from the passive indexed or core-real-estate playbook common among local Taft-Hartley plans. Succession and governance beyond the trustee structure remain opaque.

## Sectors

- Secondaries & Special Situations

## Questions

### What is the fund's known investment strategy?

Available records indicate a heavy allocation to private equity secondary investments—purchasing existing investor commitments in private equity funds. This strategy can offer a more rapid return of capital and a shorter investment duration than traditional primary private equity commitments, a potential advantage for a plan of its size. The rationale for niche concentration over broad equity and fixed-income exposure has not been publicly detailed.

### Does the Local #754 plan invest directly in companies or real estate?

There is no public evidence of direct company investing, co-investments, or real property ownership by the plan. Allocated assets appear to be placed entirely through fund vehicles, specifically through secondary purchases of private equity fund interests, rather than originating direct deals or buying individual securities.

### How large is the Laborers' Local #754 pension fund?

The plan's assets are estimated at approximately $63 million based on available financial disclosures and benchmarking, making it a small institutional investor relative to larger regional and national Taft-Hartley plans. The fund does not publish a current asset tally on a public website, and precise AUM fluctuates with valuation marks and contributions.

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Last updated: 2026-08-11T02:43:31.692Z

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